#Contract Development and Manufacturing Organization (CDMO) Outsourcing Market Forecast

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The Sterile Injectable CDMO Market is projected to grow from USD 11,089.66 million in 2024 to USD 26,208.37 million by 2032, reflecting a compound annual growth rate (CAGR) of 11.35%.The global pharmaceutical landscape is evolving rapidly, and one of the sectors witnessing significant growth is the Sterile Injectable Contract Development and Manufacturing Organization (CDMO) market. This market plays a crucial role in the production of sterile injectables, which are vital for delivering medications directly into the bloodstream, ensuring rapid and effective treatment. The increasing demand for biologics, the rise in chronic diseases, and advancements in drug delivery systems are driving the expansion of this market. This article explores the current trends, challenges, and future prospects of the sterile injectable CDMO market.

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Current Market Trends

1. Rising Demand for Biologics: Biologics, including monoclonal antibodies, vaccines, and gene therapies, are becoming the cornerstone of modern medicine. These complex molecules require sophisticated manufacturing processes, which often necessitate sterile injectable formulations. CDMOs, equipped with the necessary expertise and technology, are increasingly partnering with pharmaceutical companies to meet this demand. The shift towards biologics is a key driver of growth in the sterile injectable CDMO market.

2. Innovation in Drug Delivery Systems: The development of novel drug delivery systems, such as prefilled syringes, autoinjectors, and lyophilized products, is revolutionizing the administration of sterile injectables. These innovations not only improve patient compliance but also enhance the stability and efficacy of the drugs. CDMOs are investing heavily in advanced manufacturing technologies to cater to the evolving needs of the pharmaceutical industry, further boosting the market.

3. Outsourcing Trends: Pharmaceutical companies are increasingly outsourcing their sterile injectable manufacturing to CDMOs. This trend is driven by the need to reduce operational costs, access specialized expertise, and focus on core competencies such as research and development. Outsourcing also provides flexibility in scaling production based on market demand, making it an attractive option for both large and small pharmaceutical firms.

Key Challenges in the Sterile Injectable CDMO Market

1. Regulatory Compliance: The production of sterile injectables is subject to stringent regulatory requirements, including Good Manufacturing Practices (GMP) and quality control standards. CDMOs must ensure compliance with these regulations across different markets, which can be complex and resource-intensive. Any lapses in regulatory adherence can lead to significant financial penalties and damage to reputation.

2. High Operational Costs: Manufacturing sterile injectables is a capital-intensive process, requiring state-of-the-art facilities, specialized equipment, and highly trained personnel. The costs associated with maintaining sterile environments, performing regular quality checks, and managing supply chains are substantial. CDMOs must strike a balance between maintaining high standards and managing operational expenses to remain competitive.

3. Supply Chain Disruptions: The COVID-19 pandemic highlighted the vulnerabilities in global supply chains, affecting the availability of raw materials, components, and finished products. For CDMOs, managing these disruptions while ensuring uninterrupted production of sterile injectables has been a major challenge. Building resilient supply chains and diversifying suppliers are critical strategies to mitigate such risks in the future.

Future Prospects and Opportunities

1. Expansion into Emerging Markets: The sterile injectable CDMO market is poised for expansion into emerging markets, particularly in Asia-Pacific and Latin America. These regions are witnessing increased healthcare spending, improved access to medical services, and a growing prevalence of chronic diseases. CDMOs that establish a presence in these markets can tap into new opportunities and drive growth.

2. Adoption of Advanced Technologies: The integration of advanced technologies, such as single-use systems, continuous manufacturing, and digitalization, is expected to enhance the efficiency and flexibility of sterile injectable production. CDMOs that embrace these innovations can improve their competitive edge, reduce time-to-market, and offer cost-effective solutions to their clients.

3. Strategic Collaborations and Partnerships: Collaboration between pharmaceutical companies and CDMOs is likely to become more strategic in the future. Partnerships that go beyond manufacturing to include co-development, risk-sharing, and joint ventures can create synergies and foster innovation. Such alliances will be instrumental in addressing the complexities of producing next-generation sterile injectables.

Key Player Analysis

TriRx Pharmaceutical Services

Tianjin Hankang Pharmaceutical Biotechnology

Astral SteriTech

Pfizer

Prague Scientific

BioTechnique

Evonik

Flagship Biotech International Pvt. Ltd

Fareva

Brooks Laboratories Limited

Famar

Curida AS

Ethypharm

Biophrama Group

Aurigene Pharmaceutical Services

Abbvie

Temad Co.

C. Rompharm Company SRL

Gensenta Pharmaceuticals

Polfa Tarchomin

Quotient Sciences

Sharp

Mithra CDMO

BirgiMefar Group

Segments:

Based on Manufacturing:

Preclinical Manufacturing

Clinical Manufacturing

Commercial Manufacturing

Based on Services:

Stand-alone Services

Drug Formulation and Development

Aseptic Fillings

Analytical Development

Regulatory Support

Packaging and Assembly Services

Technology Transfer

Supply Chain Management

Quality Control and Assurance

Integrated Services

Based on Drug Type:

Monoclonal Antibodies (mAbs)

Cytokines

Insulin

Peptide Hormones

Vaccines

Immunoglobulins

Blood Factors

Peptide Antibiotics

Others

Based on Organization Size:

Small

Mid-sized

Large

Very Large

Based on End-user:

Pharmaceutical Companies

Biopharmaceutical Companies

Research Institutes

Others

Based on the Geography:

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

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Healthcare Contract Development And Manufacturing Organization Market To Reach USD 471.0 Billion By 2030

Healthcare Contract Development and Manufacturing Organization Market Growth & Trends

The global healthcare contract development and manufacturing organization market size is expected to reach USD 471.0 billion by 2030, growing at a CAGR of 9.68% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to show lucrative growth due to rising outsourcing trends and increasing R&D expenditure.

Healthcare contract development and manufacturing organization (CDMO) provide outsourcing services to various pharmaceutical industries on a contract basis. An increase in outsourcing by pharmaceutical companies, expansions in the pharmaceutical industry, and the support of CDMOs in reducing operational and capital expenses are some of the major factors anticipated to propel the market growth in the forecast period.

In addition, growing requirement among pharmaceutical and medical device companies to follow stringent timelines has increased the demand for outsourcing development and manufacturing activities to CDMOs. Further, due to the increasing demand for medical devices in emerging countries, various companies are shifting their focus on research and development activities for medical device contract development and manufacturing. Over the past 10 years, several pharmaceutical companies have turned to CMOs, CROs, and CDMOs to assist in pre-formulation and development & manufacturing of their novel innovations. Outsourcing is a high growth market, and most spending is focused on early development.

Around 75% of new drug pipelines come from small- and midsized biopharmaceutical companies. These companies have high profit margins, which make them easy targets for healthcare providers who are trying to reduce costs. Thus, instead of investing in establishing their own infrastructure, it is profitable for these companies to outsource services to third-party organizations that have expertise and the required equipment. Several pharmaceutical companies are seeking outsourced services for optimizing the development of their molecules. Furthermore, a large number of CDMO collaborations, expansions, mergers & acquisitions, and other strategic initiatives undertaken by market players operating in the country are anticipated to boost the market. For instance, In March 2023, Remedium Bio, a U.S.-based biotechnology company, entered into a collaboration agreement with Exothera, a Belgium-based CDMO, to scale up the production of Remedium’s lead gene therapy drug candidate, AAV2-FGF18 in the treatment of osteoarthritis. Similarly, in January 2024, Enzene Biosciences, a subsidiary of Alkem Labs announced the manufacturing site in the U.S. Such innovations are anticipated to drive the market.

However, increasing logistic costs, serialization issues faced by healthcare organizations, and the threat of infringement of Intellectual Property (IP) rights are anticipated to restrain the market growth for healthcare contract development & manufacturing organization over the forecast period.

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Healthcare Contract Development and Manufacturing Organization Market Report Highlights

Based on services, the contract manufacturing segment dominated the market with a revenue share of 73.50% in 2023 due to increase in the outsourcing of manufacturing services by pharmaceutical and medical device companies.In addition, cost-effectiveness, and the increasing number of CMOs are some of the key factors that are positively affecting the market growth

By small molecule contract development sub-segment, the preclinical/segment is expected to register the highest CAGR of 9.53% in the forecast period due to the rising pipeline of novel therapeutics

North America dominated the healthcare contract development and manufacturing organization industry with the largest revenue share of 40.91%in 2023. High shares of the region are majorly due to the presence of a large number of actively functioning CROs and CMOs in the region, especially across the U.S.

Healthcare Contract Development and Manufacturing Organization Market Segmentation

For this study, Grand View Research has segmented the healthcare contract development and manufacturing organization market based on services and region:

Healthcare CDMO Services Outlook (Revenue, USD Billion, 2018 - 2030)

Contract Development

Small Molecule

Preclinical

Bioanalysis and DMPK Studies

Toxicology Testing

Other Preclinical Services

Clinical

Phase I

Phase II

Phase III

Phase IV

Laboratory Services

Bioanalytical Services

Analytical Services

Large Molecule

Cell Line development

Process Development

Upstream

Microbial

Mammalian

Others

Downstream

MABs

Recombinant Proteins

Others

Others

Contract Manufacturing

Small Molecule

Large Molecule

MABs

Recombinant Proteins

Others

High Potency API

Finished Dose Formulations

Solid Dose Formulation

Liquid Dose Formulation

Injectable Dose Formulation

Medical Devices

Class I

Class II

Class III

Healthcare CDMO Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

U.S.                

Canada

Europe

Germany

UK

France

Italy

Spain

Netherlands

Belgium

Denmark

Norway

Sweden

Asia Pacific

China

India

Japan

Australia

South Korea

Malaysia

New Zealand

Singapore

Philippines

Thailand

Latin America

Brazil

Mexico

Argentina

Colombia

Chile

Middle East & Africa

South Africa

Saudi Arabia

UAE

Israel

Kuwait

List of Key Players in the Healthcare CDMO Market

Catalent Inc.

Lonza

Recipharm AB

Siegfried Holding AG

Thermo Fisher Scientific, Inc.

Labcorp Drug Development

Jabil Inc

Syngene International Limited

IQVIA Inc.

Almac Group

Ajinomoto Bio-Pharma

Adare Pharma Solutions

Alcami Corporation

Vetter Pharma International

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/healthcare-contract-development-manufacturing-organization-market

[health-views-updates]

CMO/CDMO Market Insights: Trends and Forecast for 2024

CMO/CDMO Market Outlook, Scope & Overview:

Industry reports indicate that the global Contract Manufacturing Organization (CMO) and Contract Development and Manufacturing Organization (CDMO) market was valued at USD 18.92 billion in 2022 and is projected to reach USD 41.75 billion by 2030, growing at a CAGR of 10.4% over the forecast period 2023-2030.

Technological Advancements to Drive Growth of Global CMO/CDMO Market

The adoption of advanced manufacturing technologies and increasing outsourcing trends will continue to influence global market revenues. Pharmaceutical and biotechnology companies are increasingly utilizing CMO/CDMO services to optimize production costs, enhance operational efficiency, and focus on core competencies such as drug discovery and development.

As a service segment, biologics manufacturing currently holds a significant share of the global CMO/CDMO market. This segment is anticipated to grow at a year-over-year rate of 10.4% in 2023 over 2022 and reach USD 41.75 billion in revenues by 2030. The increasing demand for biologic drugs, including monoclonal antibodies, vaccines, and cell and gene therapies, is expected to drive market growth.

CMO/CDMO Solutions – Market Dynamics

Drivers:

CMO/CDMO solutions are witnessing significant growth in the global market due to their ability to provide flexible, scalable, and cost-effective manufacturing solutions. The growing pipeline of biologics and complex molecules, coupled with the increasing need for specialized manufacturing capabilities, are key factors driving the adoption of CMO/CDMO services worldwide. Additionally, the rising trend of pharmaceutical outsourcing to mitigate risks, reduce time-to-market, and access advanced technologies is further propelling market growth.

Restraints:

Despite the growth potential, challenges such as stringent regulatory requirements, quality control issues, and the complexity of managing outsourcing relationships are hindering the widespread adoption of CMO/CDMO solutions. Moreover, the high costs associated with biologics manufacturing and the need for extensive technical expertise pose additional challenges to market expansion.

CMO/CDMO Solutions – Market Outlook

The proven benefits of CMO/CDMO solutions in enhancing manufacturing efficiency, reducing operational costs, and accelerating product development timelines have contributed to the market's growth. CMO/CDMO services are expected to witness increased adoption across major markets, including North America, Europe, and Asia Pacific, driven by advancements in manufacturing technologies and the growing emphasis on personalized medicine and biologics production.

Global CMO/CDMO Market

The rise in demand for CMO/CDMO solutions in developed and emerging markets is expected to drive market growth over the forecast period. North America currently holds a significant market share in the global CMO/CDMO market, with the US being a key contributor to market revenues. Europe and Asia Pacific regions are also experiencing rapid adoption of CMO/CDMO services, supported by favorable regulatory frameworks and increasing investments in pharmaceutical and biopharmaceutical R&D.

Key Players in the CMO/CDMO Solutions Market

Leading companies in the CMO/CDMO solutions market include Lonza Group, Catalent, Inc., Samsung Biologics, and WuXi AppTec. These companies are at the forefront of developing and commercializing advanced manufacturing and development services for various pharmaceutical and biopharmaceutical applications, including drug substance production, drug product manufacturing, and clinical trial supply.

In conclusion, the global CMO/CDMO market is poised for substantial growth over the forecast period, driven by technological advancements, increasing pharmaceutical outsourcing, and the expanding adoption of biologics and personalized medicine in drug development and manufacturing.

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Formulation Development Outsourcing Market: Global Industry Analysis and Forecast 2023 – 2030

Global Formulation Development Outsourcing Market was valued at USD 20.15 Billion in 2021 and is expected to reach USD 33.08 Billion by the year 2028, at a CAGR of 7.34%.

The formulation development outsourcing market refers to the practice of pharmaceutical, biotechnology, and other life sciences companies contracting external partners to assist in the development of drug formulations. This process involves the creation and optimization of the composition and delivery systems of pharmaceutical products, ensuring they are safe, effective, and commercially viable. The growing complexity of drug molecules and delivery systems, including biologics and specialized dosage forms, is driving companies to seek specialized expertise and resources outside their organizations. Outsourcing formulation development allows companies to leverage the expertise and infrastructure of contract research organizations (CROs) or contract development and manufacturing organizations (CDMOs), reducing time-to-market and overall development costs. CROs and CDMOs often invest in advanced technologies and equipment for formulation development, providing clients access to specialized capabilities without heavy capital investment.

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports 

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

Leading players involved in the Formulation Development Outsourcing Market include:

Charles River Laboratories International Inc., Aizant Drug Research Solutions Pvt Limited, Catalent Inc., Laboratory Corporation of America Holdings, Biocon Limited (Syngene International), PCI Pharma Services, Hermes Pharma, Pyramid Laboratories Inc and  other Major players. 

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Segmentation of Formulation Development Outsourcing Market:

By Service

Pre-Formulation Services

Formulation Optimization

By Application

Oncology

Genetic Disorders

Neurology

Infectious Diseases

Respiratory

Cardiovascular

Others

By Dosage Form          

Injectable

Oral

Topical

Other

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

What to Expect in Our Report?

(1) A complete section of the Formulation Development Outsourcing market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Formulation Development Outsourcing market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Formulation Development Outsourcing market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Formulation Development Outsourcing market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Formulation Development Outsourcing Market report.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

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Biologics Contract Development and Manufacturing Organization (CDMO) Market - Analysis, Size and Forecast, 2024-2028

Originally published on Technavio: Biologics Contract Development and Manufacturing Organization (CDMO) Market Analysis North America,Europe,Asia,Rest of World (ROW) - US,Germany,France,China,Japan - Size and Forecast 2024-2028

The Biologics Contract Development and Manufacturing Organization (CDMO) Market is poised for substantial growth across key regions, including North America, Europe, Asia, and the Rest of the World (ROW), from 2024 to 2028. In North America, particularly in the United States, the market is expected to witness significant expansion. This growth is driven by factors such as increasing research and development activities in the biopharmaceutical sector, rising demand for outsourcing services to streamline production processes, and the presence of a robust regulatory framework supporting biologics development and manufacturing.

Similarly, in Europe, countries like Germany and France are anticipated to contribute significantly to the Biologics CDMO Market. The region's established biopharmaceutical industry, supportive regulatory environment, and growing investments in biologics manufacturing infrastructure are driving market growth. Moreover, the increasing focus on personalized medicine and biologics-based therapies is fueling the demand for CDMO services in Europe.

In Asia, led by China and Japan, the Biologics CDMO Market is expected to witness rapid growth during the forecast period. The region's expanding biopharmaceutical sector, favorable government policies promoting biologics manufacturing, and growing expertise in cell and gene therapy are driving market expansion. Additionally, the availability of skilled workforce and cost-effective manufacturing capabilities make Asia an attractive destination for biologics outsourcing.

In the Rest of the World (ROW) regions, which include emerging markets with diverse healthcare landscapes, the Biologics CDMO Market is also anticipated to witness growth opportunities. Countries in regions such as Latin America, the Middle East, and Africa are experiencing increasing investments in biopharmaceutical research and manufacturing capabilities. The growing demand for biologics-based therapies and the expansion of the pharmaceutical industry in these regions are driving the adoption of CDMO services.

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Overall, the period from 2024 to 2028 is expected to witness robust growth in the Biologics CDMO Market across key regions worldwide, driven by factors such as increasing outsourcing trends in the biopharmaceutical industry, advancements in biologics manufacturing technologies, and the growing demand for personalized medicine. Market players are expected to focus on expanding their service offerings, enhancing manufacturing capabilities, and strengthening their presence in emerging markets to capitalize on the evolving opportunities in the Biologics CDMO sector.

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[blueweave]

formulation development outsourcing market size at USD 24.27 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global formulation development outsourcing market size to grow at a significant CAGR of 7.03% reaching a value of USD 36.48 billion by 2029. Major growth drivers for the global formulation development outsourcing market include the rising research and development (R&D) costs, a growing need for specialized expertise, and the pursuit of cost savings. Many pharmaceutical companies are turning to outsourcing due to time constraints and limited internal resources, which offers advantages, such as faster project timelines, access to specialized knowledge, and better protection against subpar products. This trend is particularly pronounced among drug developers, with a growing interest in outsourcing formulation development and manufacturing, especially in emerging economies like India. The demand for innovative medications, driven by the significant burden of infectious and chronic diseases, is a primary catalyst for the sector's growth. Also, the industry's focus on improving the solubility of poorly water-soluble compounds and patent expirations has fueled outsourcing. The urgency brought on by the COVID-19 pandemic has led to substantial investments in R&D, further boosting market growth. Rising R&D expenses are expected to drive the demand for formulation development outsourcing, particularly among smaller pharmaceutical companies without in-house capabilities. The industry's increasing collaboration with academic institutions is also contributing to the expansion of this outsourcing sector. However, data security and confidentiality concerns and quality control are anticipated to restrain the overall market growth during the forecast period.

Global Formulation Development Outsourcing Market – Overview

The global formulation development outsourcing market refers to the sector within the pharmaceutical and biotechnology industries where companies contract out the process of developing and optimizing the formulation of new drug products to specialized external service providers. This outsourcing typically involves tasks such as pre-formulation studies, formulation design, analytical testing, and sometimes the production of clinical trial materials. The primary objective of outsourcing formulation development is to leverage the expertise, resources, and infrastructure of Contract Development and Manufacturing Organizations (CDMOs) or other specialized firms to streamline drug development processes, reduce costs, accelerate time-to-market, and ensure compliance with regulatory requirements. It is a strategic approach utilized by pharmaceutical companies to efficiently navigate the complex and highly regulated landscape of drug formulation, allowing them to focus on core research and development activities while benefiting from external expertise and capabilities.

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CMO/CDMO Biotechnology Market Brief Forecast and Analysis by Top Key Players to 2032

The Contract Manufacturing Organization (CMO) and Contract Development and Manufacturing Organization (CDMO) biotechnology market is a vital and rapidly growing sector within the pharmaceutical and biotechnology industries. CMOs and CDMOs are service providers that offer comprehensive support to biotechnology and pharmaceutical companies, ranging from drug development and manufacturing to packaging and distribution. This outsourcing model has gained significant traction in recent years, driven by various factors.One of the key drivers behind the growth of the CMO/CDMO biotechnology market is the increasing complexity of biopharmaceutical products. Biotechnology companies often lack the in-house expertise, infrastructure, or capacity to produce these complex biologics and advanced therapies efficiently. CMOs and CDMOs offer specialized capabilities and resources, enabling biotech firms to focus on research and development while outsourcing the manufacturing and production aspects of their products.Moreover, the market has experienced growth due to the cost-effectiveness and flexibility offered by CMOs and CDMOs. By outsourcing manufacturing and development services, biotech companies can reduce capital investment, minimize operational risks, and adjust production volumes based on market demands. This strategic approach allows for better resource allocation and agility in responding to changing market dynamics.The competitive landscape of the CMO/CDMO biotechnology market includes a wide range of companies, from large multinational service providers to specialized boutique firms. These organizations invest heavily in state-of-the-art facilities, regulatory compliance, and quality control to meet the stringent requirements of the pharmaceutical and biotechnology industries. Technological advancements, such as single-use bioreactors and advanced analytics, are driving innovation in the sector, improving efficiency and reducing production costs.For More Info@ https://www.medgadget.com/2023/01/cmo-cdmo-biotechnology-market-is-estimated-to-surge-ahead-at-a-cagr-of-11-6-to-reach-us-34-1-bn-by-the-end-of-2033-pmr-study.html As the biopharmaceutical industry continues to expand and evolve, and as more advanced therapies and biologics come to market, the CMO/CDMO biotechnology market is expected to thrive. Outsourcing critical components of the drug development and manufacturing process to experienced service providers remains an attractive strategy for biotech companies seeking to streamline operations, control costs, and bring innovative therapies to patients more efficiently.

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Global Contract Pharmaceutical Manufacturing Market Is Estimated To Witness High Growth Owing To Increasing Demand for Outsourcing and Technological Advancements

The global Contract Pharmaceutical Manufacturing Market is estimated to be valued at US$ 178.94 billion in 2022 and is expected to exhibit a CAGR of 9.3% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.

A) Market Overview:

The Contract Pharmaceutical Manufacturing Market refers to the outsourcing of pharmaceutical manufacturing processes to third-party organizations. This enables pharmaceutical companies to focus on their core competencies while reducing costs, increasing efficiency, and gaining access to specialized expertise and facilities. Contract pharmaceutical manufacturers provide a wide range of services including formulation development, manufacturing, packaging, labeling, and distribution. They also adhere to strict regulatory guidelines to ensure quality and safety of the products.

B) Market Dynamics:

The market dynamics of the contract pharmaceutical manufacturing industry are driven by two main factors: increasing demand for outsourcing and technological advancements.

1) Increasing Demand for Outsourcing:

Pharmaceutical companies are increasingly outsourcing their manufacturing processes to contract manufacturers due to various advantages. Outsourcing allows companies to reduce capital expenditures, minimize operational risks, and focus on research, development, and marketing activities. Contract manufacturers offer specialized expertise, state-of-the-art facilities, and technology platforms that help in optimizing production processes and improving product quality. Moreover, outsourcing enables pharmaceutical companies to access a global network of manufacturing facilities, making it easier to penetrate new markets.

2) Technological Advancements:

Technological advancements have revolutionized the contract pharmaceutical manufacturing industry. Automation and robotics have significantly improved production efficiency by reducing errors and increasing throughput. Advanced analytical techniques such as spectroscopy, chromatography, and mass spectrometry have enhanced quality control processes. Moreover, the adoption of cloud computing and real-time data sharing has improved communication and collaboration between pharmaceutical companies and contract manufacturers, leading to faster project execution and reduced lead times.

C) Market Key Trends:

One key trend in the Contract Pharmaceutical Manufacturing Market is the increasing adoption of contract development and manufacturing organization (CDMO) services. CDMOs offer end-to-end solutions, including drug discovery, formulation development, clinical trials, and commercial scale manufacturing. Pharmaceutical companies are opting for CDMOs to streamline their operations and reduce the time and cost associated with multiple vendor management.

Another key trend is the growing demand for biologics manufacturing services. Biologics, such as monoclonal antibodies, vaccines, and cell therapies, require specialized manufacturing processes. Contract manufacturers with expertise in biologics manufacturing are in high demand due to the increasing prevalence of complex diseases and advancements in biotechnology.

D) SWOT Analysis:

- Strength: Strong global outsourcing trend and cost-saving potential.

- Weakness: Dependency on contract manufacturers for quality control and compliance.

- Opportunity: Increasing demand for personalized medicine and niche therapies.

- Threats: Stringent regulatory requirements and potential risk of intellectual property infringement.

E) Key Takeaways:

- The global contract pharmaceutical manufacturing market is expected to witness high growth, exhibiting a CAGR of 9.3% over the forecast period. This growth is driven by the increasing demand for outsourcing and technological advancements.

- North America is expected to dominate the market due to a well-established pharmaceutical industry, favorable regulatory environment, and high adoption of outsourcing.

- Key players operating in the global contract pharmaceutical manufacturing market include Accenture plc, Cognizant Technology Solutions, ATOS SE, Catalent, Inc., Covance, Inc., Boehringer Ingelheim GmbH, Genpact Limited, Lonza Group, PAREXEL International Corporation, Quintiles Transnational Corporation, Abbvie, Inc., Baxter International Inc., Dr. Reddy’s Laboratories Ltd., Aurobindo Pharma, Pfizer, Inc., The Almac Group, Teva Pharmaceutical Industries Ltd., and Piramal Enterprises Ltd.

In conclusion, the contract pharmaceutical manufacturing market is witnessing significant growth due to the increasing trend of outsourcing and technological advancements. The market offers opportunities for pharmaceutical companies to optimize their operations, reduce costs, and access specialized expertise and facilities. However, stringent regulatory requirements and intellectual property concerns pose challenges to the market's growth. Overall, the market is poised for substantial development in the coming years.

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Biopharmaceutical CMO & CRO Production Capacity Study—a Deep-dive on Firms Opting for Contract Services

CMOs are exploring the potential of mammalian cell culture production amidst soaring demand for biopharmaceutical contract manufacturing services. Incumbents, such as Charles River and Lonza have furthered investments in mammalian cells. To illustrate, in May 2021, Lonza announced pouring USD 936 million to bolster the footprint of mammalian drug substance manufacturing sites in the U.S. and Switzerland. 

Biopharmaceutical firms are responding to the demand for outsourced services with bullish investments in research activities. For instance, in July 2022, Wuxi Biologics contemplated expanding its large-scale drug product & drug substance manufacturing capabilities and R&D in Singapore.

Adoption of Contract Development & Manufacturing Organization (CDMO) and Contract Manufacturing Organization (CMO) with surging demand for Monoclonal Antibodies (MAbs) products will boost the market share. The final report, along with the database, will peruse the following dynamics:

• Insights on commercial availability and annual approvals of MAb products.

• Commercially available biopharmaceuticals and biologics produced using mammalian cell lines.

• Competitive landscape with industry developments.

• CMO Mapping of 88 companies.

Get your copy or request a free sample of the report “Biopharmaceutical CMO & CRO Production Capacity Study,” compiled and published by Grand View Research. 

Biopharmaceutical CMO & CRO Production Capacity Report Scope

CMO Capacity mapping (for 88 companies)

Key Players: Location Mapping & existing Capacities

Recent expansions/ Future plans

Comparative Heat Map

Get more insights from our in-depth market intelligence report, “Biopharmaceutical CMO And CRO Market Size, Share & Trends Analysis Report By Source (Mammalian, Non-mammalian), By Service (Contract Manufacturing, Contract Research), By Product, And Segment Forecasts, 2023 – 2030.”

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Pharmaceutical Contract Development and Manufacturing Market By Service [Pharmaceutical Manufacturing Services (API, FDF), Drug Development Services, Biologics Development], End User [Big & Generic Pharmaceutical Companies] – Global Forecast to 2027

The Pharmaceutical Contract Development and Manufacturing Market is expected to grow at a CAGR of 6.5% from 2020 to 2027 to reach $134.23 billion by 2027. The complex structure for manufacturing pharmaceuticals, increasing investments in pharmaceutical R&D, growing outsourcing of clinical trials, and the outbreak of the COVID-19 pandemic are some of the major drivers for the growth of this market. In addition, the rising demand for generic medicines & biologics, growing demand for cell & gene therapies, and increasing pharmaceutical outsourcing support the growth of this market. However, service quality & IPR issues, lack of skilled professionals, and introduction of serialization are the factors expected to hinder the growth of the pharmaceutical contract development and manufacturing market during the forecast period.  

COVID-19 Impact on the Pharmaceutical Contract Development and Manufacturing Market      

The recent outbreak of COVID-19 has impacted the healthcare market. The pharmaceutical contract development and manufacturing industry has experienced a positive impact due to this pandemic. The outbreak has catalyzed the demand for pharmaceuticals and has stirred the development of corona-related vaccines, antiviral vaccines, antibody therapy, and various pharmaceutical products. This has urged pharmaceutical organizations to hire contract development and manufacturing organizations for pharmaceutical drug development & manufacturing to sustain their business.

The demand for both high quality and high volume CGMP drug substance and drug product manufacturing services has soared, particularly for CDMOs able to support a wide range of COVID vaccine technologies and, to a lesser extent, therapeutic monoclonal antibody products.

Most pharmaceutical companies, CROs, and research institutes are working together to translate research into effective pharmaceutical products. For instance, in August 2020, Catalent Inc. (U.S.) signed an agreement with AstraZeneca PLC (U.K.) to expand manufacturing support for the University of Oxford’s adenovirus vector-based COVID-19 vaccine AZD1222. In September 2020, Thermo Fisher Scientific Inc. (U.S.) partnered with Inovio Pharmaceuticals, Inc. (U.S.) to manufacture INOVIO's DNA COVID-19 vaccine candidate INO-4800 and to enhance the commercial production of INO-4800.

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Increasing investments in the pharmaceutical R&D support the market growth

The pharmaceutical industry is largely driven by scientific discovery and development, in conjunction with toxicological and clinical experience. Also, healthcare R&D activities have significantly increased with rising funding from various government organizations. This funding is mainly driven by rising health care concerns, complexities in clinical trials, and drug failure in early-phase studies.

Governments in developed and developing nations are offering to fund the propagation of biotechnology and biopharmaceutical research. For instance, the Indian government launched 'Pharma Vision 2020' to increase the production capacities of biopharmaceuticals by reducing the approval time for new facilities. Also, the government decided in favor of 100% foreign direct investment in the pharmaceutical industry, which is expected to increase investments in R&D activities. Similarly, in the U.S., the National Institute of Health (NIH) collaborated with 11 biopharmaceutical companies to launch the Partnership for Accelerating Cancer Therapies (PACT) to develop immunotherapy for cancers. The program involved a total investment of USD 215 million.

Further, pharmaceutical companies have also increased their spending on R&D. The extent of pharmaceutical R&D spending serves as an important metric to show a company’s commitment to finding new drugs. At present, the global pharmaceutical industry has the second-highest R&D intensity, i.e. expenditure as a share of any sector's sales measures. Thus, the increasing investments from the government for pharmaceutical R&D is likely to boost outsourcing, thereby accelerating pharmaceutical contract development & manufacturing market growth.

Growing consolidation in the market, an ongoing trend

Due to growing pressure on leading pharmaceutical players, complex drug development process, growing number of patents expiring, increasing R&D costs, and the increasing prevalence of chronic diseases are some of the factors making outsourcing essential.

CDMOs offer the convenience of time and cost due to the inherent nature of dealing with a single entity. The relationship also creates opportunities for the pharmaceutical CDMOs to sell more services to the same customer and locking in products at earlier stages of their life cycles.

Due to the growing pressure on the industry’s leading players to follow stringent regulatory timelines and lack of human clinical trial data, pharmaceutical giants are entering into collaborations, partnerships, and agreements to jointly broaden their services offered across all drug development & pharmaceutical manufacturing processes:

In June 2020, Catalent Inc. (U.S.) collaborated with Moderna, Inc. (U.S.) for large-scale, commercial fill-finish manufacturing of Moderna’s mRNA-based COVID-19 vaccine candidate (mRNA-1273).

In April 2020, ICON plc (Ireland) agreed with Pfizer Inc. (U.S.) to supply drug and device development and commercialization services.

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Key Findings in the Pharmaceutical Contract Development and Manufacturing Market Study:

Pharmaceutical manufacturing services generated a large proportion of revenue compared to other services

The large share of this segment is mainly attributed to the use of advanced technologies & manufacturing skills, the growing need to reduce manufacturing cost, the requirement for high-quality bulk manufacturing, and the growing demand for generic drugs.

Pharmaceutical API contract manufacturing services are estimated to account for the largest share of the pharmaceutical contract manufacturing services market in 2020

The need for the reduction in the cost of production of APIs, growing number of initiatives undertaken by pharmaceutical companies, increasing investments in API manufacturing services, and growing need to reduce the time required for the drug development process are expected to drive the growth of the pharmaceutical API contract manufacturing services segment.

In 2020, the big pharmaceutical companies segment to dominate pharmaceutical contract development and manufacturing market

The major share of this segment is primarily attributed to the growing prevalence of various infectious diseases, growing need for state-of-the-art processes & production technologies, and the rising cost of clinical trials and early development studies.

Asia-Pacific: Fastest growing regional market

In 2020, North America is estimated to command the largest share of the pharmaceutical contract development and manufacturing market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. However, Asia-Pacific will be the fastest-growing regional market due to the growing manufacturing sector, favorable government regulations, increasing emphasis on off-patent drugs, and highly skilled workforce in the region. In addition, the increase in outsourcing activities in countries like India and China due to lower costs and availability of qualified healthcare professionals are the other key factors propelling the growth of the Asia-Pacific pharmaceutical contract development and manufacturing market.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past four years. The key players profiled in the pharmaceutical contract development and manufacturing market report are Thermo Fisher Scientific Inc. (U.S.), Catalent Inc. (U.S.),  PPD Inc. (U.S.), Lonza Group Ltd (Switzerland), Recipharm AB (Sweden), Vetter Pharma-Fertigung GmbH & Co. KG  (Germany), AbbVie Inc. (U.S.), Synoes Health, Inc. (U.S.), Piramal Enterprises Limited (India), Almac Group (U.K.), Albany Molecular Research Inc. (U.S.), Fareva Holding SA (France), and Jubilant Life Sciences Limited (India).

Scope of the Report:

Pharmaceutical Contract Development and Manufacturing Market, by Service

Pharmaceutical Manufacturing Services

Drug Development Services

Biologics Manufacturing Services

Pharmaceutical API Manufacturing Services

Pharmaceutical FDF Manufacturing Services

Parenteral/Injectable Manufacturing Services

Tablet Manufacturing Services

Capsule Manufacturing Services

Oral Liquid Manufacturing Services

Other Formulations Manufacturing Services

Biologics API Manufacturing Services

Biologics API Manufacturing Services

Pharmaceutical Contract Development and Manufacturing Market, by End User

Big Pharmaceutical Companies

Small and Med-Size Pharmaceutical Companies

Generic Pharmaceutical Companies

Pharmaceutical Contract Development and Manufacturing Market, by Geography

North America

Europe

Asia-Pacific (APAC)

Latin America

Middle East & Africa

U.S.

Canada

Germany

U.K.

France

Italy

Spain

Rest of Europe (RoE)

China

Japan

India

Rest of APAC (RoAPAC)

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Millimeter Wave Frequency Sources and Related Components EUROPE Market Research Report 2021-2026

The Millimeter Wave Frequency Sources and Related Components market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

ALSO READ:  http://www.marketwatch.com/story/millimeter-wave-frequency-sources-and-related-components-market-research-report-with-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-2021-2028-2021-07-13

Market segmentation Millimeter Wave Frequency Sources and Related Components market is split by Type and by Application. For the period 2016-2026, the growth among segments provide accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type, covers 24–57 GHz 57–95 GHz 95–300 GHz

Market segment by Application, can be divided into Mobile & Telecom Consumer & Commercial Healthcare Industrial Automotive & Transportation Imaging

ALSO READ:  http://www.marketwatch.com/story/contract-development-manufacturing-organization-cdmo-outsourcing-market-research-report-with-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-2021-2028-2021-07-23

Market segment by players, this report covers Smiths Group Eravant Aviat Networks Farran Technologies Millimeter Wave Products Axxcss Wireless Solutions NEC Corporation Siklu L3HARRIS

Market segment by regions, regional analysis covers North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific) South America (Brazil, Argentina, Rest of South America) Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

ALSO READ:  http://www.marketwatch.com/story/glass-fiber-reinforced-polymer-market-research-report-with-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-2021-2028-2021-07-21

The content of the study subjects, includes a total of 12 chapters: Chapter 1, to describe Millimeter Wave Frequency Sources and Related Components product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top players of Millimeter Wave Frequency Sources and Related Components, with revenue, gross margin and global market share of Millimeter Wave Frequency Sources and Related Components from 2019 to 2021. Chapter 3, the Millimeter Wave Frequency Sources and Related Components competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast. Chapter 4 and 5, to segment the market size by type and application, with revenue and growth rate by type, application, from 2016 to 2026. Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2016 to 2021.and Millimeter Wave Frequency Sources and Related Components market forecast, by regions, type and application, with revenue, from 2021 to 2026. Chapter 11 and 12, to describe Millimeter Wave Frequency Sources and Related Components research findings and conclusion, appendix and data source.

Table of Contents

1 Market Overview 1.1 Product Overview and Scope of Millimeter Wave Frequency Sources and Related Components 1.2 Classification of Millimeter Wave Frequency Sources and Related Components by Type 1.2.1 Overview: Global Millimeter Wave Frequency Sources and Related Components Market Size by Type: 2020 Versus 2021 Versus 2026 1.2.2 Global Millimeter Wave Frequency Sources and Related Components Revenue Market Share by Type in 2020 1.2.3 24–57 GHz 1.2.4 57–95 GHz 1.2.5 95–300 GHz 1.3 Global Millimeter Wave Frequency Sources and Related Components Market by Application 1.3.1 Overview: Global Millimeter Wave Frequency Sources and Related Components Market Size by Application: 2020 Versus 2021 Versus 2026 1.3.2 Mobile & Telecom 1.3.3 Consumer & Commercial 1.3.4 Healthcare 1.3.5 Industrial 1.3.6 Automotive & Transportation 1.3.7 Imaging 1.4 Global Millimeter Wave Frequency Sources and Related Components Market Size & Forecast 1.5 Global Millimeter Wave Frequency Sources and Related Components Market Size and Forecast by Region 1.5.1 Global Millimeter Wave Frequency Sources and Related Components Market Size by Region: 2016 VS 2021 VS 2026 1.5.2 Global Millimeter Wave Frequency Sources and Related Components Market Size by Region, (2016-2021) 1.5.3 North America Millimeter Wave Frequency Sources and Related Components Market Size and Prospect (2016-2026) 1.5.4 Europe Millimeter Wave Frequency Sources and Related Components Market Size and Prospect (2016-2026) 1.5.5 Asia-Pacific Millimeter Wave Frequency Sources and Related Components Market Size and Prospect (2016-2026) 1.5.6 South America Millimeter Wave Frequency Sources and Related Components Market Size and Prospect (2016-2026) 1.5.7 Middle East and Africa Millimeter Wave Frequency Sources and Related Components Market Size and Prospect (2016-2026) 1.6 Market Drivers, Restraints and Trends 1.6.1 Millimeter Wave Frequency Sources and Related Components Market Drivers 1.6.2 Millimeter Wave Frequency Sources and Related Components Market Restraints 1.6.3 Millimeter Wave Frequency Sources and Related Components Trends Analysis 2 Company Profiles 2.1 Smiths Group 2.1.1 Smiths Group Details 2.1.2 Smiths Group Major Business 2.1.3 Smiths Group Millimeter Wave Frequency Sources and Related Components Product and Solutions 2.1.4 Smiths Group Millimeter Wave Frequency Sources and Related Components Revenue, Gross Margin and Market Share (2019-2021) 2.1.5 Smiths Group Recent Developments and Future Plans 2.2 Eravant 2.2.1 Eravant Details 2.2.2 Eravant Major Business 2.2.3 Eravant Millimeter Wave Frequency Sources and Related Components Product and Solutions 2.2.4 Eravant Millimeter Wave Frequency Sources and Related Components Revenue, Gross Margin and Market Share (2019-2021) 2.2.5 Eravant Recent Developments and Future Plans 2.3 Aviat Networks 2.3.1 Aviat Networks Details 2.3.2 Aviat Networks Major Business 2.3.3 Aviat Networks Millimeter Wave Frequency Sources and Related Components Product and Solutions 2.3.4 Aviat Networks Millimeter Wave Frequency Sources and Related Components Revenue, Gross Margin and Market Share (2019-2021) 2.3.5 Aviat Networks Recent Developments and Future Plans 2.4 Farran Technologies 2.4.1 Farran Technologies Details 2.4.2 Farran Technologies Major Business 2.4.3 Farran Technologies Millimeter Wave Frequency Sources and Related Components Product and Solutions 2.4.4 Farran Technologies Millimeter Wave Frequency Sources and Related Components Revenue, Gross Margin and Market Share (2019-2021) 2.4.5 Farran Technologies Recent Developments and Future Plans 2.5 Millimeter Wave Products 2.5.1 Millimeter Wave Products Details 2.5.2 Millimeter Wave Products Major Business 2.5.3 Millimeter Wave Products Millimeter Wave Frequency Sources and Related Components Product and Solutions 2.5.4 Millimeter Wave Products Millimeter Wave Frequency Sources and Related Components Revenue, Gross Margin and Market Share (2019-2021) 2.5.5 Millimeter Wave Products Recent Developments and Future Plans 2.6 Axxcss Wireless Solutions 2.6.1 Axxcss Wireless Solutions Details 2.6.2 Axxcss Wireless Solutions Major Business 2.6.3 Axxcss Wireless Solutions Millimeter Wave Frequency Sources and Related Components Product and Solutions 2.6.4 Axxcss Wireless Solutions Millimeter Wave Frequency Sources and Related Components Revenue, Gross Margin and Market Share (2019-2021) 2.6.5 Axxcss Wireless Solutions Recent Developments and Future Plans 2.7 NEC Corporation 2.7.1 NEC Corporation Details 2.7.2 NEC Corporation Major Business 2.7.3 NEC Corporation Millimeter Wave Frequency Sources and Related Components Product and Solutions 2.7.4 NEC Corporation Millimeter Wave Frequency Sources and Related Components Revenue, Gross Margin and Market Share (2019-2021) 2.7.5 NEC Corporation Recent Developments and Future Plans 2.8 Siklu 2.8.1 Siklu Details 2.8.2 Siklu Major Business 2.8.3 Siklu Millimeter Wave Frequency Sources and Related Components Product and Solutions 2.8.4 Siklu Millimeter Wave Frequency Sources and Related Components Revenue, Gross Margin and Market Share (2019-2021)

….CONTINUED

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Global Drug Discovery Outsourcing Market

Global Drug Discovery Outsourcing Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

Drug discovery outsourcing is a process of inventing a new medicine in the field of pharmaceuticals, biotechnology, and pharmacology. Drug discovery is a very time consuming, complex, and expensive process and sometimes may have a low success rate. Usually, small pharmaceutical companies develop new drug molecules and sell the patent rights to big companies who can afford to conduct clinical trials and observe whether the drugs are suitable or not. Companies outsource their drug discovery process in order to focus on their core competencies like manufacturing, marketing, and product labelling. The companies providing outsourcing services for drug discovery are established companies with developed infrastructure, developed technological front, and skilled expertise. The global drug discovery outsourcing market is accounted approximate USD 2.5 billion in 2020 and it is expected to reach approximate USD 5.5 billion by 2030 with a CAGR of 8.3% during forecast period.

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Market Dynamics and Factors:

Rapid progression in technology, reduced approval time, and increasing strategic collaborations in the field of drug development are some of the major factors driving the growth of the drug discovery outsourcing market. For instance, AstraZeneca established multiple outsourcing partnerships with Cancer Research U.K, Cambridge Institute, University of Texas MD Anderson Cancer Centre, Medical Research Council Laboratory of Molecular Biology, and Academic Drug Discovery Consortium in 2014. Cost reduction, access to specialised knowledge and technology, and greater innovation are the major reasons because of which top pharmaceutical companies are opting for outsourcing their drug discovery process. Advancements in emerging technologies such as artificial intelligence and its implementation in drug discovery has also contributed towards the market growth. However, certain restraining factors like high price of drug discovery outsourcing, and increasing risk of drug failure are hindering the growth of the drug discovery outsourcing market. 

Market Segmentation:

Global Drug Discovery Outsourcing Market – By Workflow

Target Identification & Screening

Target Validation & Functional Informatics

Lead Identification & Candidate Optimization

Preclinical Development

Others

Global Drug Discovery Outsourcing Market – By Therapeutics Area

Respiratory System

Pain & Anesthesia

Oncology

Ophthalmology

Hematology

Cardiovascular

Endocrine

Gastrointestinal

Immunomodulation

Dermatology

Anti-Infective

Central Nervous System

Genitourinary System

Global Drug Discovery Outsourcing Market – By Drug Type

Small Molecules

Large Molecules

Global Drug Discovery Outsourcing Market – By Geography

North America

U.S.

Canada

Mexico

Europe

U.K.

France

Germany

Italy

Rest of Europe

Asia-Pacific

Japan

China

India

Australia

Rest of Asia Pacific

ROW

Latin America

Middle East

Africa

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020188

Geographic Analysis:

North America is expected to dominate the global drug discovery outsourcing market during the forecast period in terms of market share. The presence of a well-established research infrastructure; existence of a large pool of key players of the pharmaceutical industry; greater adoption of technological advancements; and huge investments in drug discovery research & development are some of the major factors attributing to the market dominance of the region. The Asia Pacific region is anticipated to be the fastest growing market during the forecast period. The growing number of clinical research organisations (CRO), contract manufacturing organisations (CMO), and contract development and manufacturing organisations (CDMO) in the region has resulted in huge trend of outsourcing manufacturing and R&D activities to China and India. This has fuelled the growth of the drug discovery outsourcing market in the APAC region. Government initiatives in the APAC nations to forge ties with U.S pharmaceutical companies is going to propel the market growth in the future. For instance, China launched the Market Authorisation Holder (MAH) pilot program, and as a result investments from venture capitalists increased in the nation’s biotech and pharmaceutical sector.        

Competitive Scenario:

The key players operating in the global drug discovery outsourcing market are –

Charles River Laboratories, Albany Molecular Research, Pharmaceutical Product Development LLC., Jubilant Biosys, Thermo Fisher Scientific Inc., Dalton Pharma Services, Laboratory Corporation of America Holdings, WuXi AppTec, Domainnex, Viva Biotech Ltd.

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How will this Market Intelligence Report Benefit You?

The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

Exclusive insight into the key trends affecting the Global Drug Discovery Outsourcing industry, although key threats, opportunities and disruptive technologies that could shape the Global Drug Discovery Outsourcing Market supply and demand.

The report tracks the leading market players that will shape and impact the Global Drug Discovery Outsourcing Market most.

The data analysis present in the Global Drug Discovery Outsourcing Market report is based on the combination of both primary and secondary resources.

The report helps you to understand the real effects of key market drivers or retainers on Global Drug Discovery Outsourcing Market business.

The 2021 Annual Global Drug Discovery Outsourcing Market offers:

100+ charts exploring and analysing the Global Drug Discovery Outsourcing Market from critical angles including retail forecasts, consumer demand, production and more

15+ profiles of top producing states, with highlights of market conditions and retail trends

Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Drug Discovery Outsourcing Market type

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The global healthcare contract development and manufacturing organization market size was estimated at 193.4 billion in 2019 and is anticipated to expand at a CAGR of 8.1% over the forecast period. Increasing outsourcing of R&D is one of the major factors contributing to market growth. Healthcare contract development and manufacturing organization (CDMO) provides outsourcing services to various pharmaceutical industries on a contract basis. Increase in the outsourcing by pharmaceutical companies, growing pharmaceutical industry, and support of CDMOs in reducing the operational and capital expenses are some of the major factors anticipated to propel the market growth.

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Active Pharmaceutical Ingredients Market Top Companies Growth, Statistics Data, Upcoming Trends 2027

Market Overview

Active Pharmaceutical Ingredient Market size is anticipated to disclose a 4.96% CAGR and touch USD 215,125.4 Million by 2023. The active pharmaceutical ingredients share price has risen incrementally over the past few years due to medicinal properties. The drugs taken together with combined therapy have numerous active ingredients to treat a range of disorders. The various types of active pharmaceutical ingredients are prime elements in the production of drugs, and this global market is estimated to experience optimistic growth in the upcoming period.

also read @ https://www.medgadget.com/2019/12/share-valuation-of-active-pharmaceutical-ingredients-api-market-to-touch-usd-215125-4-million-during-2019-to-2023-marketresearchfuturr.html

Active Pharmaceutical Ingredients Market Segmentation

The worldwide API market has been segmented on the basis of manufacturing process, type of synthesis, API formulation, application, molecule.

In terms of manufacturing, the market can be fragmented into captive manufacturing and contract manufacturing. Out of these, the contract manufacturing segment can expect a profitable run during the review period at the highest growth rate, backed by the increasing trend of outsourcing of API manufacturing by the pharmaceutical companies, which lets them focus more on core competencies.

Depending on the synthesis, the market is considered for synthetic and biotech, wherein the synthetic API market is set to be unbeatable with the maximum share of the global market. Meanwhile, the biotech segment has displayed a considerable growth pattern in recent years, which is expected to surge further at a relatively higher CAGR owing to the reduced side effects of biotech synthesis. Furthermore, the biotech segment is split into monoclonal antibodies, recombinant proteins, vaccines, and others. At present, the monoclonal antibodies segment holds the top position, whereas the recombinant proteins segment is slated to expand at the fastest rate during the appraisal period as recombinant proteins find an increasing number of applications within the pharmaceutical industry.

With respect to the API formulation, the market is categorized as generic API and innovative API. Growing patent expirations have been responsible for the leading position of the generic API segment, at a projected CAGR of 4.62% during the conjectured time frame.

The market, application-wise, can be broken down into cardiovascular disease, oncology, neurological disorders, orthopedic disorders, respiratory, gastrointestinal, urology, and others. Here, the oncology segment is the current holder of the biggest market share, since the occurrences of cancer has surged at a substantial pace around the world. The segment is deemed to rise at a growth rate of 5.48% in the coming years.

The API market, on the basis of molecule, caters to small molecule and large molecule. Although the report identified the small molecule segment as the largest market in 2017, the large molecule segment is reckoned to cross the former’s valuation at a higher CAGR in the near future. The main reasons being the increasing focus on research and development of advanced APIs, including biologics that strive to meet with the unmet needs of patients.

Active Pharmaceutical Ingredients Market Regional Outlook

active pharmaceutical ingredients market include South America, Europe, Asia Pacific, North America, and the Middle East & Africa.

North America is spearheading the API market growth in the Americas, which in turn is leading the global market with the largest share. The crucial factors backing the said growth include the presence of a large number of prominent companies within the region. In addition, countries like the United States (U.S.) and Canada note high occurrences of chronic as well as neurological diseases, which is believed to be a prominent driver of the regional market growth.

Europe has bagged the second spot in the global API market, backed by the increasing number of initiatives within the region that support the development of generic drugs. Moreover, improving pricing, as well as reimbursement policies coupled with a huge number of manufacturing activities, is presenting multiple growth opportunities to the regional market.

As the active pharmaceutical ingredients market has reached the maturity phase in the developed countries around the globe, the market focus is shifting towards the Asia Pacific. This factor has substantiated the region as the fastest-growing market globally. The presence of a humungous patient population within countries like India and China paired with the rising incidences of chronic diseases in the region is poised to benefit the market in the subsequent years. On top of that, availability of cheap labor and need for low investments in infrastructure are encouraging several renowned pharmaceutical vendors to outsource manufacturing to Asia Pacific, opening the door for further market success.

Industry News

April 2019

OlonS.p.A., a global Active Pharmaceutical Ingredients (API) contract development and manufacturing organization (CDMO), has acquired a manufacturing facility in India. The facility’s primary product will be Rifampicin, which is used for treating a variety

Browse complete summary of this research report @ https://www.marketresearchfuture.com/reports/active-pharmaceutical-ingredients-market-1385

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On What Grounds Would The Active Pharmaceutical Ingredient Market Grow Between Forecast Years?

Prevalence of chronic diseases is constantly on the rise across the world. This is leading to a major health burden on governments and the society in general. Out of these, cardiovascular diseases make up around half of the total deaths caused by chronic diseases. According to the World Health Organization, in 2016, ischemic heart disease and stroke accounted for around 27% of total deaths, worldwide. Chronic obstructive pulmonary disease was the third most cause of death in the same years. These non-communicable diseases were major causes of deaths globally, ranging from 37% in lower economies and 88% in countries with high income.

Rising cases of chronic diseases is surging the need for pharmaceutical products, thereby increasing the need for pharmaceutical ingredients (APIs), especially small molecules.

Persistence Market Research predicts that the global active pharmaceutical ingredients market to exhibit a CAGR above 4% over the forecast period (2021-2031).

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Companies covered in Active Pharmaceutical Ingredient Marke Report

Pfizer Inc.

Boehringer Ingelheim International GmbH

Bristol-Myers Squibb Company

Cipla Inc.

Eli Lilly and Company

F. Hoffmann-La Roche Ltd

GlaxoSmithKline plc

Hepalink Group

Lonza

Merck & Co. Inc.

Sandoz International GmbH

Aurobindo Pharma Limited

Fresenius Kabi LLC

Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/11260

Key Takeaways from Market Study  

Non-controlled substances hold over half of the small molecule API market share, making them the predominant growth contributing factor.

Pharmaceutical and biopharmaceutical companies, combined, to contribute over 70% of the market revenue.

Major markets for active pharmaceutical ingredients to be East Asia, South Asia, North America, and Europe.

China and India to be the most lucrative markets for APIs.

Due to the impact of COVID-19, the API market saw a slight decline in growth in 2020, at 3.4%.

“Rising prevalence of chronic disorders and increasing research on small molecule APIs are expected to propel growth of the global active pharmaceutical ingredients market over the coming years,” says a Persistence Market Research analyst.

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Advancements in API Manufacturing

API manufacturing will require implementation of continuous new technologies and tools to speed up the process and deliver consistent quality products. Hence, major players are highly focused on the production of optimized APIs with technological advancements in processes such as powder handling, lyophilization, process control, continuous flow chemistry, and process control.

Rise in Outsourcing to Merchant Companies

Even if big pharma players have established facilities for the production of APIs and pharma products, the trend of outsourcing is still on the rise. Many companies are outsourcing their requirements to cut costs on expensive equipment, manpower, and infrastructure. It is estimated that 40% of pharma products are manufactured by third-party vendors.

For instance, AstraZeneca used to have several manufacturing centers in North America, but currently, only 15% of its APIs are made in-house, and the company is looking to outsource all manufacturing overseas. From the last 20 years or so, directly sourcing APIs from China and India has increased due to the production capabilities of these countries. Also, stringent regulations in the West have attracted companies toward China and India.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the active pharmaceutical ingredients (API) market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for 2021 – 2031, on the basis of API (small molecules [controlled substances {natural opioids and semi-synthetic/synthetic opioids}, non-controlled substances {NSAIDs, anti-infective, antimicrobial, oral anti-diabetics, anti-hypertensive, and others}, and HPAPI], peptides & oligonucleotides, carbohydrate drugs, and steroidal drugs), end user (contract manufacturing organizations (CMOs), pharmaceuticals, contract development & manufacturing organizations (CDMOs), and compounding pharmacies), across seven key regions of the world.

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